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Isar Aerospace takes off with $17m series A
Unternehmertum Venture Capital Partners has taken part in a $17m series A round for Isar Aerospace, co-founded by three students at TU Munich.
Swat calls in $10.1m series A
University of Tokyo Edge Capital has led a series A round set to support on-demand bus transport company Swat's push into additional Asian markets.
Advanced Navigation guides through $13.6m
University of Western Australia-founded automated navigation business Advanced Navigation will look to win custom in the US and Europe for its products, which operate in areas unreachable by GPS.
EBT gets on the pulse for $10m
SV Health Investors and Genesys Capital have co-led a series A round for University of Toronto’s EBT Medical, which is progressing a neuromodulation technique to treat pelvic floor disorders.
Siren attracts $10m for series A round
Atlantic Bridge led a round for NUI Galway-founded organisational data investigation spinout Siren, having backed the company's seed round through its University Bridge Fund.
AMP amplifies $16m
UC-backed Congruent Ventures has returned to take part in a series A round for waste recycling robot company AMP Robotics.
MobiLion mobilises $15.4m
IP Group has backed MobiLion Systems, a biopharmaceutical analysis instrument tool developer founded by its former director of technology and business development Melissa Sherman.
PureLifi lights up $18m
Returning investors Temasek and Scottish Investment Bank returned to back Edinburgh spinout PureLifi's series B round and bring the company's funding total to $29.5m.

Other News

Inkbit blots $12m onto its ledger
Five corporates have chipped in for MIT's 3D printing technology developer Inkbit, which hopes to use AI and computer vision to produce complex components at scale.
Neural Magic performs $15m seed round
MIT-founded machine learning software development engine company Neural Magic picked up support from Comcast Ventures for its approach to executing ML models on commodity CPUs.
Kira Biotech encircles $13.6m
Building on the work of University of Sydney researchers, Kira Biotech has raised $13.6m from investors including IP Group to progress antibodies for autoimmune diseases.
OnQuality onboards $15m
Chinese Academy of Sciences' Cash Capital put up a share of the funds for oncological drug developer OnQuality Pharmaceuticals' first funding round.
Sensely tees up fresh capital
Stanford-StartX Fund portfolio company Sensely collected funding from a consortium led by insurance firm Aflac to haul its lifetime total to $26.5m.
Sense Biodetection grasps $15.8m series A
Sense Biodetection has raised $15.8m in a series A round co-led by Cambridge Innovation Capital and Earlybird to produce a diagnostic test for infectious diseases.

Editor's Picks

Ayasdi launches with $10m
Stanford spin-out Ayasdi receives $10.25m in series A financing for launch from Khosla Ventures and FLOODGATE.
Bertelsmann, University Ventures enroll at UniversityNow
Germany-based media company Bertelsmann and the university venturing fund it recently backed have joined venture firms Kapor Capital, Novak Biddle Venture Partners and Greylock Partners backing the on-line university network.
Coursera chalks up $16m
US-based internet university company Coursera nets the funds from venture firms, as it signs up top US universities like Princeton and Stanford offering courses for free.
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